File Code: Taxes - Property - Local
- Sponsored By:
-
Delegates McConkey, Bartlett, V. Clagett, Cluster, Costa,
Dwyer, Elmore, Gilleland, Glassman, Haddaway, Holmes, Mayer, McMillan,
Myers, Parker, Pugh, Sophocleus, and Weir
- Entitled:
-
Maryland Estate Tax - Unified Credit Effective Exemption Amount
Increasing from $1,000,000 to $1,250,000 the maximum applicable
exclusion amount under the federal estate tax on which the unified
credit used to determine the Maryland estate tax is calculated; and
applying the Act to decedents dying after December 31, 2005.
House Action
- 1/26
- First Reading Ways and Means
- 2/22
- Hearing 3/8 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Tony McConkey, District 33A
- Delegate Joseph R. Bartlett, District 4A
- Delegate Virginia P. Clagett, District 30
- Delegate John W. E. Cluster, Jr., District 8
- Delegate Robert A. Costa, District 33B
- Delegate Donald H. Dwyer, Jr., District 31
- Delegate D. Page Elmore, District 38A
- Delegate Terry R. Gilleland, Jr., District 32
- Delegate Barry Glassman, District 35A
- Delegate Jeannie Haddaway, District 37B
- Delegate Marvin E. Holmes, Jr., District 23B
- Delegate Wm. Daniel Mayer, District 28
- Delegate Herb McMillan, District 30
- Delegate LeRoy E. Myers, Jr., District 1C
- Delegate Rosetta C. Parker, District 47
- Delegate Catherine E. Pugh, District 40
- Delegate Theodore Sophocleus, District 32
- Delegate Michael H. Weir, Jr., District 6
Bill indexed under the following Subjects:
- ESTATES AND TRUSTS
- EXEMPTIONS
- FEDERAL GOVERNMENT
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
- Tax - General
- (
7-309
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered